Results of Annual General Meeting (AGM) - Amended PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE000170049 ("PPC" or the "Company") Results of Annual General Meeting (AGM) - Amended PPC shareholders are referred to the results of AGM announcement released on SENS on Tuesday, 27 January 2015 and provides full voting details with respect to all the resolutions proposed at the AGM held on Monday, 26 January 2015: Resolutions proposed Number of Percentage For Against Abstained shares voted shares %ge %ge %ge voted Ordinary Resolution 1: Procedure for 446 841 918 73.81185% 99.45750% 0.54250% 0.65381% Election Ordinary Resolution 2: Appointment of a 445 790 147 73.63811% 47.74274% 52.25726% 0.82755% director – Ms GT Coetzer Ordinary Resolution 3: Appointment of a withdrawn director – Withdrawn Ordinary Resolution 4: Appointment of a 434 529 359 71.77799% 72.11186% 27.88814% 2.68767% director – Ms N Goldin Ordinary Resolution 5: Appointment of a 435 969 018 72.01580% 59.54087% 40.45913% 2.44986% director – Adv M Gumbi Ordinary Resolution 6: Appointment of a 439 086 675 72.53080% 82.67273% 17.32727% 1.93487% director – Mr TJ Leaf-Wright Ordinary Resolution 7: Appointment of withdrawn director - Withdrawn Ordinary Resolution 8: Appointment of a 443 071 065 73.18896% 83.85210% 16.14790% 1.27671% director – Mr T Mboweni Ordinary Resolution 9: Appointment of a 426 327 691 70.42320% 15.56943% 84.43057% 4.04247% director – S Muller Ordinary Resolution 10: Appointment of a 441 622 728 72.94972% 78.58334% 21.41666% 1.51595% director – Mr C Naude Ordinary Resolution 11: Appointment of a 443 937 248 73.33204% 93.77209% 6.22791% 1.13362% director – Mr PG Nelson Ordinary Resolution 12: Appointment of a 445 823 021 73.64354% 31.24143% 68.75857% 0.82212% director – Mr K Pillay Ordinary Resolution 13: Appointment of a 434 423 151 71.76045% 68.05588% 31.94412% 2.70522% director – Dr D Ufitikizeri Ordinary Resolution 14: Confirmation of 444 393 686 73.40744% 98.69356% 1.30644% 1.05823% appointment of a director – Mr D Castle Ordinary Resolution 15: Appointment of a 442 412 780 73.08022% 80.26346% 19.73654% 1.38544% director – Ms ZJ Kganyago Ordinary Resolution 16: Appointment of 448 133 253 74.02516% 94.37566% 5.62434% 0.44050% external auditors, Deloitte & Touche Ordinary Resolution 17: authority to fix 447 907 932 73.98794% 65.55528% 34.44472% 0.47772% remuneration of external auditors Ordinary Resolution 18: Appointment of 444 420 939 73.41194% 97.61800% 2.38200% 1.05373% audit committee member – Ms B Modise Ordinary Resolution 19: Appointment of 444 420 939 73.41194% 97.84797% 2.15203% 1.05373% audit committee member – Mr T Moyo Ordinary Resolution 20: Appointment of 441 849 186 72.98712% 97.45592% 2.54408% 1.47854% audit committee member – Mr TDA Ross Ordinary Resolution 21: Confirmation of 420 982 116 69.54018% 51.06525% 48.93475% 4.92548% remuneration policy Special Resolution 1 – S45 Financial 446 418 518 73.74191% 85.99159% 14.00841% 0.72375% assistance Special Resolution 2.1: Directors’ fees 443 277 166 73.22300% 98.07018% 1.92982% 1.24266% - Chairperson Special Resolution 2.2: Directors’ fees 445 713 556 73.62546% 98.90779% 1.09221% 0.84020% – Non-executive Board member Special Resolution 2.3: Directors’ fees 445 715 756 73.62582% 98.69441% 1.30559% 0.83984% – Audit committee chairperson Special Resolution 2.4: Directors’ fees 445 713 556 73.62546% 99.06914% 0.93086% 0.84020% – audit committee member Special Resolution 2.5: Directors’ fees 445 715 756 73.62582% 98.69340% 1.30660% 0.83984% – Remuneration committee chairperson Special Resolution 2.6: Directors’ fees 445 713 556 73.62546% 99.06867% 0.93133% 0.84020% - Remuneration committee member Special Resolution 2.7: Directors’ fees 445 715 755 73.62582% 99.00611% 0.99389% 0.83984% – Risk and compliance committee chairperson Special Resolution 2.8: Directors’ fees 445 713 556 73.62546% 99.03041% 0.96959% 0.84020% – Risk and compliance committee member Special Resolution 2.9: Directors’ fees 445 715 755 73.62582% 99.00611% 0.99389% 0.83984% – Social and ethics committee chairperson Special Resolution 2.10: Directors’ fees 445 713 556 73.62546% 99.03041% 0.96959% 0.84020% – Social and ethics committee member Special Resolution 2.11: Directors’ fees 445 715 755 73.62582% 99.00611% 0.99389% 0.83984% –Nomination committee chairperson Special Resolution 2.12: Directors’ fees 445 713 556 73.62546% 99.03041% 0.96959% 0.84020% - Nomination committee member Special Resolution 2.13: Directors’ fees 445 716 865 73.62601% 98.72594% 1.27406% 0.83966% – Special meetings chairperson Special Resolution 2.14: Directors’ fees 445 713 556 73.62546% 98.30694% 1.69306% 0.84020% – Special meetings member Special Resolution 2.15: Directors’ fees 442 962 491 73.17102% 98.82322% 1.17678% 1.29464% – Lead independent non-executive director Special Resolution 2.16: Directors’ fees 445 622 861 73.61048% 62.94290% 37.05710% 0.85519% – All other work by director Special Resolution 3 – General authority 447 390 963 73.90254% 98.63782% 1.36218% 0.56312% to repurchase company shares Jaco Snyman Company Secretary 29 January 2015 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 29/01/2015 05:15:00 Produced by the JSE SENS Department. 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